Teledyne board oks buyback of up to 1M common shares

MichaelBaron

Teledyne
TDY, +1.15%
is saying its board has approved the buyback of up to one million shares of its common stock. The Los Angeles electronic components provider had 32,172,634 outstanding common shares as of March 10. The stock closed Friday at $12.30, up 7 percent.

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